Sudanese dinar: Difference between revisions

{{Infobox Currencycurrency

The '''[[dinar]]''' was the currency of [[Sudan]] between 1992 and 2007. Its [[ISO 4217]] code iswas "SDD" and had no official subdivision. It replaced the [[Sudanese pound#First pound (SDP)|first Sudanese pound]] and, in turn, was replaced by the [[Sudanese pound#Second pound (SDG)|second Sudanese pound]].

The dinar replaced the first [[Sudanese pound]] (SDP) on June 8, 1992, at a rate of SD&nbsp;1 dinar = £S.10 pounds. On January 10, 2007, a second Sudanese pound (SDG) was introduced at a rate of 1 pound = 100 dinars. According to the [[Central Bank of Sudan|Bank of Sudan]], the dinar was to have stopped circulating after a six-month transitional period. The pound and the dinar were to be accepted as legal currency side by side during the six-month period but cheques would be cashed in pounds from the [[commercial bank]]s. The Bank of Sudan began distributing the new currency to commercial banks and sent consignments of banknotes to the south in 2007.<ref>{{cite web |url=http://www.smc.sd/en/artopic.asp?artID=23360&aCK=EA |title=Archived:: copySudanese Media Center :: |accessdateaccess-date=2007-01-10 |deadurlurl-status=yesdead |archiveurlarchive-url=https://web.archive.org/web/20070927033046/http://www.smc.sd/en/artopic.asp?artID=23360&aCK=EA |archivedatearchive-date=2007-09-27 |df= }}</ref> This second [[Sudanese pound]] became the only legal tender as of July 1, 2007.

[[Coin]]s were minted in denominations of ¼SD&nbsp;{{frac|1|4}}, ½SD&nbsp;{{frac|1|2}}, SD&nbsp;1, SD&nbsp;2, SD&nbsp;5, SD&nbsp;10, SD&nbsp;20 and SD&nbsp;50 dinars (the two smallest denominations appear to have been shelved before being issued). A reduction in size took place, with the 2001-03 coins being generally smaller than the 1994-99 coins. A source<ref name="CoinsOfSudan">{{cite web |author=Numismatic Dimensions |date=May 2005 |url=http://www.wbcc.fsnet.co.uk/af-sud.htm |title=Africa - Coins of Sudan |accessdateaccess-date=2006-07-19}}</ref> indicates that bi-metallic SD&nbsp;50 and SD&nbsp;100 dinar coins were planned but that this plan was shelved because of the introduction of the second pound. See below for more detail.

[[Banknote]]s were issued in denominations of SD&nbsp;5, SD&nbsp;10, SD&nbsp;25, SD&nbsp;50, SD&nbsp;100, SD&nbsp;200, SD&nbsp;500, 1000SD&nbsp;1,000, 2000SD&nbsp;2,000 and 5000 dinarsSD&nbsp;5,000. The lowest three denominations were withdrawn on 1 January 2000 due to a concern that well-used notes could spread disease.<ref name="CoinsOfSudan"/> Old pound notes also circulated alongside dinar notes.<ref name="CoinsOfSudan"/>

[https://web.archive.org/web/20021111155928/http://bankofsudan.org/english/rates/ratesyearly.html (click here forSee historical rates)]